ProPetro Holding (PUMP)
(Delayed Data from NYSE)
$7.94 USD
-0.20 (-2.46%)
Updated Aug 30, 2024 04:00 PM ET
After-Market: $7.94 0.00 (0.00%) 7:58 PM ET
5-Strong Sell of 5 5
A Value A Growth F Momentum A VGM
Company Summary
Founded in 2005, Midland, TX-based ProPetro Holding Corp. is an oilfield services provider operating primarily in the Permian Basin spread over west Texas and New Mexico. The company offers a wide spectrum of specialized, complementary services and equipment for exploration and production of oil and natural gas. Approximately 99% of ProPetro's total revenues come from the Permian Basin.
The company reports in a single business segment:
Completion Services: ProPetro, through this division, provides hydraulic fracturing, cementing and acidizing functions. The business accounted for 100% of the company's ...
Company Summary
Founded in 2005, Midland, TX-based ProPetro Holding Corp. is an oilfield services provider operating primarily in the Permian Basin spread over west Texas and New Mexico. The company offers a wide spectrum of specialized, complementary services and equipment for exploration and production of oil and natural gas. Approximately 99% of ProPetro's total revenues come from the Permian Basin.
The company reports in a single business segment:
Completion Services: ProPetro, through this division, provides hydraulic fracturing, cementing and acidizing functions. The business accounted for 100% of the company's total revenues in 2023.
Hydraulic fracturing is the largest service in this segment. It is a method used to extract oil and natural gas by blasting underground rock formations with a mixture of water, sand and chemicals. As of year-end 2021, ProPetro's fleet consisted of gas blending equipment, conventional hydraulic fracturing units and DuraStim (electric fleet technology) hydraulic fracturing equipment with a total capacity of 1,423,000 horsepower.
On top of its core hydraulic fracturing operations, the company offers cementing services (used to secure the integrity of the oil and gas wells) and acidizing (the pumping of acid and other fluids used to remove drilling and completion damage around the wellbore formation).
This segment also consist of other services like coiled tubing (to improve the flow of oil or natural gas) and flowback services (the process of allowing fluids to flow from the well).
The Permian Basin
A sedimentary basin lying underneath the western part of Texas and the south-eastern part of New Mexico, the Permian Basin Shale covers roughly 86,000 square miles. Experts say that it's cheaper to drill and complete oil wells in the Permian Basin, with attractive well-returns. According to business information provider IHS Markit, the Permian play is estimated to hold a staggering 60 billion barrels of recoverable crude oil.
General Information
ProPetro Holding Corp
303 W. WALL STREET SUITE 102
MIDLAND, TX 79702
Phone: 432-688-0012
Fax: 432-688-3976
Web: http://www.propetroservices.com
Email: investors@propetroservices.com
Industry | Oil and Gas - Field Services |
Sector | Oils-Energy |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 11/6/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 0.05 |
Current Year EPS Consensus Estimate | 0.23 |
Estimated Long-Term EPS Growth Rate | NA |
Exp Earnings Date | 11/6/2024 |
Price and Volume Information
Zacks Rank | ![]() |
Yesterday's Close | 8.14 |
52 Week High | 11.37 |
52 Week Low | 6.99 |
Beta | 2.10 |
20 Day Moving Average | 1,123,060.25 |
Target Price Consensus | 11.64 |
4 Week | -11.62 |
12 Week | -9.45 |
YTD | -2.86 |
4 Week | -13.91 |
12 Week | -13.33 |
YTD | -17.15 |
Shares Outstanding (millions) | 104.16 |
Market Capitalization (millions) | 847.88 |
Short Ratio | NA |
Last Split Date | NA |
Dividend Yield | 0.00% |
Annual Dividend | $0.00 |
Payout Ratio | 0.00 |
Change in Payout Ratio | 0.00 |
Last Dividend Payout / Amount | NA / $0.00 |
Fundamental Ratios
P/E (F1) | 35.70 |
Trailing 12 Months | 27.13 |
PEG Ratio | NA |
vs. Previous Year | -108.82% |
vs. Previous Quarter | -116.67% |
vs. Previous Year | -17.97% |
vs. Previous Quarter | -12.03% |
Price/Book | 0.87 |
Price/Cash Flow | 3.36 |
Price / Sales | 0.55 |
6/30/24 | 3.39 |
3/31/24 | 7.62 |
12/31/23 | 10.26 |
6/30/24 | 2.26 |
3/31/24 | 5.19 |
12/31/23 | 7.13 |
6/30/24 | 1.11 |
3/31/24 | 1.18 |
12/31/23 | 1.15 |
6/30/24 | 1.04 |
3/31/24 | 1.12 |
12/31/23 | 1.08 |
6/30/24 | 2.21 |
3/31/24 | 4.76 |
12/31/23 | 6.32 |
6/30/24 | 2.21 |
3/31/24 | 4.76 |
12/31/23 | 5.25 |
6/30/24 | 3.69 |
3/31/24 | 6.70 |
12/31/23 | 7.08 |
6/30/24 | 9.37 |
3/31/24 | 9.33 |
12/31/23 | 9.06 |
6/30/24 | 61.74 |
3/31/24 | 64.04 |
12/31/23 | 65.16 |
6/30/24 | 0.05 |
3/31/24 | 0.05 |
12/31/23 | 0.05 |
6/30/24 | 4.41 |
3/31/24 | 4.31 |
12/31/23 | 4.31 |